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Goodie Nation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 820768109 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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Overview

What is Goodie Nation Inc?

Goodie Nation Inc, based in Atlanta, Georgia, is a nonprofit organization with a mission to bridge the relationship gap hindering the success of numerous promising entrepreneurs, particularly those who identify as people of color, women, or reside outside of coastal financial hubs. The organization provides mental health sessions and leadership development workshops, connecting these entrepreneurs with influential figures, large corporations, and capital providers. With a modest team of one employee, Goodie Nation Inc strives to uplift these underrepresented entrepreneurs and foster their growth.


Official website here: www.goodienation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 37%

Goodie Nation Inc has received a low rating of 37%, resulting in a Zero-Star out of Four Star rating. This score reflects significant concerns regarding the organization's accountability and financial transparency. Notably, the organization has no independent board members and has not provided financial statements, which raises red flags about governance and oversight.

Despite these weaknesses, Goodie Nation Inc demonstrates a strong commitment to its programming, with a program expense ratio of 97.81%. This indicates that a high percentage of its expenditures go directly toward its mission-driven activities. However, the absence of essential policies, such as conflict of interest and whistleblower policies, suggests gaps in ethical governance and risk management.

Overall, while Goodie Nation Inc appears to be effective in its service delivery based on its program spending, the lack of financial transparency and independent oversight significantly undermines its credibility as a nonprofit organization. Potential donors and stakeholders should exercise caution and seek more information before making contributions.


This AI summary has been generated from information found on Charity Navigator.

Is Goodie Nation Inc legitimate?

Goodie Nation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodie Nation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $48,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.goodienation.org

What is the mission statement of Goodie Nation Inc?

Goodie Nation Inc's mission is centered around bridging a significant barrier to success for numerous aspiring entrepreneurs, particularly those who are underrepresented groups such as people of color, women, and those not based in major financial centers. In simpler terms, the organization aims to eliminate the relationship gap that often hinders their progress. To accomplish this, Goodie Nation Inc engages in activities that connect social entrepreneurs and diverse founders with influential figures, large corporations, and financial providers. This connection is facilitated through mental health sessions and leadership development workshops, thereby fostering opportunities for these entrepreneurs to thrive.


Official website here: www.goodienation.org

Who is the CEO of Goodie Nation Inc?

Joe Womack Iii is the Ceo of Goodie Nation Inc. The CEO's salary of Goodie Nation Inc is $48,000 and their total compensation is $48,000.


Official website here: www.goodienation.org

What is the revenue of Goodie Nation Inc?

Goodie Nation Inc's revenue in 2022 was $1,484,588.


Official website here: www.goodienation.org

Who are the executives of Goodie Nation Inc and what are their salaries?

The average compensation at Goodie Nation Inc during 2022 was $48,000. There is 1 employee and 100 volunteers at Goodie Nation Inc.


Here are 3 key members and their salaries (Goodie Nation Inc's CEO's salary is $48,000 and their total compensation is $48,000):


Joe Womack Iii (Ceo)
  • Compensation: $48,000
  • Related: $0
  • Other: $0
Justin Dawkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Walton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.goodienation.org

Where can I find the form 990 for Goodie Nation Inc?

Goodie Nation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.goodienation.org

Learn more at the official website: www.goodienation.org

Mission Statement of Goodie Nation Inc

Goodie Nation Inc, as a nonprofit organization, is dedicated to overcoming the obstacle of limited relationships that hinder the success of numerous promising entrepreneurs, particularly those who are individuals of color, women, or are based outside of prominent financial centers. The mission of Goodie Nation Inc is to eliminate this relationship gap, thereby empowering these entrepreneurs to achieve their full potential. This mission is carried out through the organization's efforts to connect these entrepreneurs with influential figures, established companies, and potential investors. Goodie Nation Inc offers mental health sessions, leadership development workshops, and other resources to help these entrepreneurs navigate the challenges they face. By bridging these relationships, Goodie Nation Inc aims to level the playing field and create equal opportunities for success in the entrepreneurial world.

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Impact




July, 2024

Goodie Nation Inc is making a significant impact by eliminating the relationship gap that often hinders the success of many promising entrepreneurs, particularly those who are people of color, women, or are not located in coastal financial centers. Through their program Intentionally Good, they are connecting social entrepreneurs and diverse founders to influencers, large companies, and capital providers. Additionally, they provide valuable support through mental health sessions and leadership development workshops. This initiative is based in Atlanta, Georgia, and is focused on fostering community improvement by bridging the gap for underrepresented entrepreneurs.




This information is meant to be a general summary of Goodie Nation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,484,588 (2022)
Expenses
$11,042,281 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,673
  • Program Service Revenue: $624,806
  • Gross Receipts: $1,487,646

Assets and Liabilities:

  • Total Assets: $6,321,396
  • Total Liabilities: $4,950,000
  • Net Assets: $1,371,396

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Intentionally Good

Revenue

$624,806

Organization Details

Principal Officer

Joe Womack Iii

Main Address

PO Box 54244, Atlanta, GA, 30308

NTEE Category

Code: S40 - Community improvement

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